Paris and Madrid are expected to reach fair value by the end of this year, according to DTZ's Money into Property Europe report. While 2009 will continue to see no near-term end to market misery in property markets across the region, broad value will gradually return to Continental Europe over the next 12 months, the report added.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
